USD/CHF Firmer, Advances Beyond 0.9600 The greenback is extending its upside momentum today, taking USD/CHF to the area of session highs in the 0.9600 neighbourhood...
Technical Analysis of Gold for April 6, 2016 Gold bulls tried to push the price higher yesterday but the price still remains inside the bearish channel and the most probable outcome remains a move towards $1,190 before a bigger bounce...
Web Hosting Company In India provides hosting services in cheap prices includes 99.9% up time and 24x7 support. GET BUILDING STARTED EASY 1.Let us help you to get started and give you the following web hosting. 2.Fast Reliable Web Hosting Services 3...
Gold Turns Negative as Oil Rallies Gold prices turned negative as corrective rally in oil, coupled with a n upbeat China services PMI data calmed market nerves and capped safe haven demand. Eyes 50-DMA Prices appear on track to test 50-DMA support at $1219.05 levels...
Technical Analysis of USD/CHF for April 06, 2016 Wave summary: We are still looking for support near 1.6640 to protect the downside for a rally above 1.6833 confirming upside acceleration towards 1.7220 on the way higher to 1.8550. Even if minor support at 1...
Technical Analysis of NZD/USD for April 06, 2016 NZD/USD is under pressure and expected to trade in a lower range. The pair remains under pressure below its key resistance at 0.6850, and is likely to challenge its nearest support at 0.6755 (April 5 low...
It seems that recent JPY strength has been driven by global risk appetite, although I admit that Abe's statement speaking out against "currency manipulation" had been the trigger to briefly push USDJPY below 110.Someinvestors hoped Japan would intervene to stop JPY from rallying further...
Technical Analysis of GBP/JPY for April 06, 2016 GBP/JPY is expected to trade in a lower range as the pair is under pressure. The pair stays below its resistance at 157.15 and has been capped by its descending 50-period moving average...
GBP/USD – Bear Grip Strengthens, Slides Further Sterling bears continue their relentless march, pushing GBP/USD to a fresh daily low of 1.4113 levels. Rejected at 23.6% Fibo A minor attempt by bulls to regain control of the pair was thwarted around 1.4165 (23.6% of 1.5230-1...
FXWIREPRO: NZD/JPY's More Bearish Scope 74.500 After Breach of Crucial Support 75.922 - Bets on Debit Put Spreads for Speculation The pair declined soon after the formation of long legged doji at 77.718 levels, fell from the highs of 78.210 to the current 75.177 levels...
AUD/JPY Ends a 3-Day Slide, Near 50-DMA The bid tone surrounding AUD/JPY weakened a bit ahead of European open, as the AUD bulls took a beating after the risk sentiment came under mild pressure. AUD/JPY regains 83 and beyond The AUD/JPY pair now advances 0.29% to 83...
Elliott Wave Analysis of EUR/NZD for April 6 - 2016 Wave summary: We are still looking for support near 1.6640 to protect the downside for a rally above 1.6833 confirming upside acceleration towards 1.7220 on the way higher to 1.8550. Even if minor support at 1...
Elliott Wave Analysis of EUR/JPY for April 6 - 2016 Wave summary: The decline from 128.22 does have all the earmarks of being an impulsive decline. We are currently looking for a minor consolidation before the next decline below support at 125...
Technical Analysis of EUR/USD for April 06, 2016 When the European market opens, some economic news will be released such as the Retail PMI and German Industrial Production m/m. The US will release economic data too such as Crude Oil Inventories...
As a result of the March meeting, #FOMC decided to reduce expectations regarding interest rate hikes in 2016 from 4 to 2. Today the central bank will publish the minutes of this meeting. #Traders will expect this release, hoping to find some explanations...
FXWIREPRO: EUR/NOK Remains Well Supported Below Key Resistance at 9.4997, Good to Sell on Rallies EUR/NOK is currently trading at 9.4775 levels. It made intraday high at 9.4925 and low at 9.4704 levels. Intraday bias remains bearish till the time pair holds key resistance level at 9.4997...
Technical Analysis of USD/JPY for April 06, 2016 In Asia, Japan will release the Leading Indicators and the US will release some economic data such as Crude Oil inventories. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...
EUR/USD Perspective Looks Constructive – UOB The research team at UOB Group keeps the positive view of the pair in the upcoming weeks. Key Quotes “As mentioned yesterday, while short-term momentum has eased off, it is not enough to indicate that a short-term top is in place...
Daily Analysis of Major Pairs for April 6, 2016 EUR/USD: Since the EUR/USD pair tested the resistance line at 1.1400, it has been difficult for the price to go above that line. The bulls have continued battering that line of defense (an action that started last week...
